Ircon Akloli-Shirsad Expressway Limited

Constructs 8-lane expressway in Maharashtra under Bharatmala Pariyojana.

2021 | South Delhi, Delhi (India) | Active
Last Updated: October 15, 2024

Ircon Akloli-Shirsad Expressway Profile

Key Indicators

  • Authorised Capital ₹ 17.50 Cr
  • Paid Up Capital ₹ 4.34 Cr
  • Company Age 3 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 686.37 Cr
  • Revenue Growth 392.07%
  • Profit Growth 2149.25%
  • Ebitda 37964.06%
  • Net Worth 21.78%
  • Total Assets 128.02%

About Ircon Akloli-Shirsad Expressway

Ircon Akloli-Shirsad Expressway Limited (IAEL) is a Public Limited Union Government Company incorporated in India on 23 December 2021 (Three years and two months 1 days old ). Its registered office is in South Delhi, Delhi, India.

The Company is engaged in the Infrastructure And Utilities Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 17.50 Cr and a paid-up capital of Rs 4.34 Cr.

The company currently has active open charges totaling ₹686.37 Cr.

Parag Verma, Yogesh Misra, Mugunthan Gowda, and Two other members serve as directors at the Company.

Company Details

  • Location

    South Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ircon.org

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U45309DL2021GOI391629

  • Company No.

    391629

  • Company Classification

    Public Limited Union Government Company

  • Incorporation Date

    23 Dec 2021

  • Date of AGM

    12 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Infrastructure and Utilities

Who are the key members and board of directors at Ircon Akloli-Shirsad Expressway?

Board Members (5)

NameDesignationAppointment DateStatus
Parag Verma Country flag representing In Nominee Director 23-Dec-2021Current
Yogesh Misra Country flag representing In Nominee Director 07-Feb-2024Current
Mugunthan Gowda Country flag representing In Nominee Director 23-Dec-2021Current
Masood Ahmad Country flag representing In Nominee Director 23-Dec-2021Current
Yamini Sahib Country flag representing In Nominee Director 03-Jul-2024Current

Financial Performance of Ircon Akloli-Shirsad Expressway.

Ircon Akloli-Shirsad Expressway Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 392.07% increase. The company also saw a substantial improvement in profitability, with a 2149.25% increase in profit. The company's net worth Soared by an impressive increase of 21.78%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
392.07%
Revenue from Operations
387.27%
Total Assets
128.02%
Profit or Loss
2149.25%
Net Worth
21.78%
EBITDA
37964.06%

What is the Ownership and Shareholding Structure of Ircon Akloli-Shirsad Expressway?

In 2024, Ircon Akloli-Shirsad Expressway had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹686.37 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 686.37 Cr

Latest Charge Details

DateLenderAmountStatus
05 Sep 2022Others₹686.37 CrOpen

How Many Employees Work at Ircon Akloli-Shirsad Expressway?

Unlock and access historical data on people associated with Ircon Akloli-Shirsad Expressway, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ircon Akloli-Shirsad Expressway, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Ircon Akloli-Shirsad Expressway's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Ircon Akloli-Shirsad Expressway

Recent activity within the organization

  • Annual General Meeting

    Ircon Akloli-Shirsad Expressway Limited last Annual general meeting of members was held on 12 Aug 2024 as per latest MCA records.

    12 Aug 2024

  • Director Appointment

    Yamini Sahib was appointed as a Nominee Director was appointed as a Nominee Director on 03 Jul 2024 & has been associated with this company since 7 months 21 days .

    03 Jul 2024

  • Balance Sheet

    Ircon Akloli-Shirsad Expressway Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Director Appointment

    Yogesh Kumar Misra was appointed as a Nominee Director was appointed as a Nominee Director on 07 Feb 2024 & has been associated with this company since 1 year 15 days .

    07 Feb 2024

  • Charges

    A charge with Others amounted to Rs. 686.37 Cr with Charge ID 100609369 was registered on 05 Sep 2022.

    05 Sep 2022

  • Director Appointment

    Parag Verma was appointed as a Nominee Director was appointed as a Nominee Director on 23 Dec 2021 & has been associated with this company since 3 years 2 months .

    23 Dec 2021

Recent News, Updates & Announcement

Frequently asked questions

  • Ircon Akloli-Shirsad Expressway Limited was incorporated on 23 Dec 2021.

  • The authorized share capital of Ircon Akloli-Shirsad Expressway Limited is ₹ 17.50 Cr and paid-up capital is ₹ 4.34 Cr.

  • Currently 5 directors are associated with Ircon Akloli-Shirsad Expressway Limited.

    • Parag Verma
    • Yogesh Kumar Misra
    • Mugunthan Boju Gowda
    • Masood Ahmad
    • Yamini Sahib
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ircon Akloli-Shirsad Expressway Limited is C-4 District Centre Saket, Delhi, India, 110017.

  • The corporate identification number (CIN) of Ircon Akloli-Shirsad Expressway Limited is U45309DL2021GOI391629 and the company number is 391629 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ircon Akloli-Shirsad Expressway Limited is https://www.ircon.org

  • According to the financial reports for the fiscal year 2024, the revenue trend for Ircon Akloli-Shirsad Expressway Limited has risen by 392.07%.

  • The financial reports for the fiscal year 2024 indicates that The net worth of Ircon Akloli-Shirsad Expressway Limited has experienced an upsurge of 21.78%.

  • As per the financial statements for fiscal Year 2024, The total open charges for Ircon Akloli-Shirsad Expressway Limited amount to ₹ 686.37 Cr.

  • The most recent Balance Sheet for Ircon Akloli-Shirsad Expressway Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Road & Bridge Construction